No market valuation
315,000 € 3,000 €/m²
No yield data
Appears once there's enough market data
Sale129,900 €1,299 €/m²
Expected rent932 € /mo
~56,000 € BELOW MARKET
good value
against the median for 3-room apartments in Alen Mak (122 properties)
Area
100 m²
Floor
3 / 5
Construction
Brick
Year
2011
Yield analysis
Strong investment rating
Monthly payment576 €20% down payment · 20 yrs · 3%
Expected rent932 €at market conditions for the neighbourhood
The rent covers 162% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 56,000 € below the typical price (the median) for 3-room apartments in Alen Mak (122 properties) — 1,299 €/m² against 1,858 €/m².
3-room apartment in Varna city, m-t Alen mak area, located on the third floor of a five-storey brick building.
The layout includes a living area, two bedrooms, a bathroom with toilet, and a large terrace overlooking the sea.
The building was constructed in 2011, with an elevator and parking space, providing convenience in use.
The location offers tranquility and proximity to nature, while still being within accessible distance to urban infrastructure.
The property is suitable for those seeking a balance between comfort and natural surroundings.
With 20% down over 20 years the monthly mortgage payment is about 576 €, against an expected local rent of 932 €. The rent covers the whole payment (162%).
Pros and cons
AI summaryPros
- sea view
- functional layout
- elevator
- parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 30% below the average for comparable properties.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living area
- bedroom
- bedroom
Amenities
- Elevator
- With Parking
Exposure
AI summaryEEast
Morning sun, cooler afternoons
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+10% above market
median 1,858 €/m² for comparable properties
250,000 € 2,049 €/m²
Rent covers ~ 84% of the payment
~ 932 €/mo rent · you top up ~ 177 €/mo
At market level
median 1,740 €/m² for comparable properties
109,000 € 1,730 €/m²
Rent covers ~ 113% of the payment
~ 547 €/mo rent · pays for itself in ~ 17 yrs
At market level
median 1,740 €/m² for comparable properties
140,000 € 1,891 €/m²
Rent covers ~ 88% of the payment
~ 547 €/mo rent · you top up ~ 74 €/mo
+13% above market
median 1,858 €/m² for comparable properties
255,000 € 2,090 €/m²
Rent covers ~ 82% of the payment
~ 932 €/mo rent · you top up ~ 199 €/mo
At market level
median 1,858 €/m² for comparable properties
280,000 € 1,931 €/m²
Rent covers ~ 75% of the payment
~ 932 €/mo rent · you top up ~ 310 €/mo
+35% above market
median 1,790 €/m² for comparable properties
145,000 € 2,416 €/m²
Rent covers ~ 113% of the payment
~ 726 €/mo rent · pays for itself in ~ 17 yrs
−15% below market
median 1,740 €/m² for comparable properties
119,000 € 1,487 €/m²
Rent covers ~ 104% of the payment
~ 547 €/mo rent · pays for itself in ~ 18 yrs